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FIRST COME FIRST SERVE
β ASKING PRICE: $650,000 OBO
β AFTER REPAIR VALUE: $900,000 - $1.2M
REPAIRS: To be determined by buyer
DESCRIPTION:
2bd 2bth Main / 1bd 1bth attached unit/ detached garage Studio 1bth
Sqft: 1,860 sqft
Lot Size: 7,250 sqft
Year: 1945
Parcel Number: 10042417
OFF MARKET
Unit Mix:
Main House- 2bd 2bth 900 sqft
Attached to Main House-
1bd 1bth 500-600 sqft unpermitted
Detached 2-Car Garage-
Studio 1bth 360 sqft unpermitted
TOTAL:
SQFT 1,860 sqft
BED: 4 bedrooms
BATH: 4 bathrooms
UTILITIES: Combined
PHOTOS:
https://www.dropbox.com/scl/fo/xhxucb45p0b831t85lk3r/h?dl=0&rlkey=7rnc0383lvao1w5hlhtbdx1oe
Property Perks:
CHEAPEST DUPLEX ON THE MLS RIGHT NOW IS 800,000! Youβre getting the cheapest multi unit in Santa Ana by $150,000!
The main property is well carred for and needs little rehab, just cosmetic updates.
This property has the potential and room to create 3 units on one lot, bringing in an ARV of $1.1M-1.2M based on duplex comps that have sold in Santa Ana.
**No City Violations**
THE VALUE IS IN getting permits and CONVERTING THIS TO 3 UNITS not a quick fix and flip
COE: Feb 21, 2023
HOLD BACK: $20,000 (can be negotiated for a larger amount)
DELIVERED With Occupant: Sellers brother lives in main property and another relative in garage but will be relocating 30 days after COE
EMD: $10,000
Comp:
728 N Euclid St, Santa Ana, CA 92703
Duplex
Sold: $1,300,000 Sold on 03/22/22
βοΈ CALL OR SHOOT A π± TEXT FOR MORE INFO ON THIS KILLER DEAL!!!!
951-755-0805
EXTERIOR
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